Agriculture -- United States -- Statistics -- Periodicals; Farm produce -- Marketing -- Statistics -- Periodicals
The popularity at all market centers of well-finished yearlings on the
baby beef order and of finished 1,100-lb. to 1,300-lb. steers over the
weighty and more aged bullocks was as pronounced as ever, and the price
premiums earned by the former were unprecedented for this season of the
year. Thick-fat 1,400-lb. to 1,500-lb. steers of high quality and
closely approaching prime grade could not pass $9.25 at Chicago and
contrasted oddly with the moderately fat, short-fed yearlings that
brought about the same figure. Ripe steers in the 1,600-lb. to 1,760-lb.
class that had been grain-fed a year or more, sold at Chicago and Omaha
at $8.25 to $8.50 with a plainer, weighty kind that had consumed
considerable corn, down to $7.50. Many sales of good and choice
1,200-lb. to 1,350-lb. steers between $8 and $8.75 were made at Chicago
and elsewhere. A few loads of long yearlings averaging 1,100 lbs. to
1,175 lbs. sold as high as $10 and $10.50.
A generous proportion of the run, however, all around the western market
circuit consisted of branded and native grass steers of mediocre and
medium killing quality that cashed at $5 to $6.50, comparatively few
straight grass steers being good enough to bring $7. This was true
despite the fact that two loads of Montanas reached $7.25 at Chicago.
Light grass steers of common quality but carrying enough flesh to make
cheap carcass beef, sold as low as $4.25 and $4.50 at St. Paul and
Missouri River points and a few, chiefly on the Mexican order, ranged
downward from $5 at Chicago.
An increase of nearly 50% in receipts of northwestern grass cattle at
Chicago was credited in part to the 20% cut in long-haul freight rates.
The week’s total of about 13,000 cattle from that source, however, was
but little more than half as large as similar receipts during the
corresponding week last year. It seems probable, however, that the
Northwest will ship more freely during October, as after this month
stormy weather is likely to put an end to cattle roundups.
Liberal receipts of low and medium grade steers and their cheapness “on
the hooks” as compared with most grades of she stock had a depressing
effect on cow and heifer prices at all markets covered by this report
except Omaha. At the latter market light receipts forced cow prices up
along with those of most other classes of cattle. Canners and choice
dry-fed heifer yearlings withstood the downward tendency and held about
steady.
SHE-STOCK PRICES BREAK.
Public-domain text, read in full here on John Shaqi.
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